Land Madalena, Portugal

Madalena, Portugal, Lisbon

Archive cost $1,72M

Sold or out of date

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Updated at: 05/06/2023

Location

Country: Portugal

Region: Lisbon

Village: Madalena

Address: Praca do Comercio

Description

For sale building plot on the beach with 1900 m2 building area in Quinta da Fortaleza. Excellent investment opportunity in front of Cabanas Beach in a prime location, 100 metres from Cabanas Beach. This plot was the result of combining two ruins and commercial building plots into one building plot for several residential houses with a building capacity of 1,900 m2 on 2 floors plus basement. The basement is not taken into account in the square metres of the construction as it is intended as a foundation, so to speak, and is counted as subsoil. The total area of the plot is 4,485 m2 and is intended for 6 properties. This means the construction of detached houses or semi-detached houses or terraced houses. It all depends on the project to be designed and developed. The plot is intended for residential construction and the total buildable area building is 830 m2. If you are looking for an investment opportunity for one or more flats 100 metres from the beach, this option is one of the best for this purpose. Vila do Bispo is situated on the rugged western coast of the Algarve. Youll find small towns and villages dotted amongst large swathes of untouched countryside, perfect for those who want an escape from the hecticness of the modern world. The coastline of the western Algarve is part of the Costa Vicentina Natural Park. Its beautifully preserved beaches are ideal for water sports, and are far quieter than those on the central and eastern Algarve. In Vila do Bispo youll find the popular surfing spot of Sagres, right on the south western tip of Portugal. Sagres is also home to the historic headland of Cabo de São Vicente, colloquially known as the end of the world, a perfect spot to watch the sunset.